Given that market conditions are constantly changing, it is not unusual practice for a business partnership to recruit a new additional partner to either change the trajectory of the business or to in...
Changes to UK’s insolvency regime in the wake of Covid could spell trouble for suppliers
Within weeks of the 1st Covid-19 lockdown, Parliament enacted several changes to the UK insolvency regime over concerns of possible disruptions to the economy. According to George Marques, Head of Cor...
Mandatory Whistleblowing Requirements for EU Companies
EU companies with more than 50 employees may need to implement changes to ensure compliance with the stringent new EU laws on whistleblowing. Non-EU subsidiaries may also be affected. The EU Whistlebl...
Supreme Court’s decision in £3billion data privacy case may come as a relief for data controllers
The Supreme Court has handed down their eagerly awaited decision in the £3billion case of Lloyd v Google. The court blocked the claim by Richard Lloyd, representing 4 million iPhone users, from proce...
New Standard Contractual Clauses Required for EU Personal Data Transfers
Personal data cannot legally be transferred outside the EU/EEA (European Economic Area), or indeed the UK, without specific legal safeguards in place, unless the country in question has been deemed to...
Mandatory climate change reporting for organisations from 2022
The UK Government is proposing that from 2022 all large UK private companies and LLPs must include a report on climate change in their annual report. In this case, “large” means organisations with...
UK Modern Slavery Statement Registry for Large Organisations
The UK government has launched a Modern Slavery Statement Registry in order for organisations to publish the positive steps taken to address the risk of modern slavery in their supply chains. Includin...
Reasonable vs Best Endeavours?
Corporate and commercial contracts often contain references to ‘best endeavours’ and ‘reasonable endeavours’. Have you ever considered the meaning of these words? In this note we take a look a...
Rule against Penalties
Under the common law, there is a rule against penalties in contracts and such clauses are unenforceable. The rule is based on public policy – a party should not be penalized for a breach of contract...
UK Global Entrepreneur Programme
This note focuses on The Global Entrepreneur Programme, (GEP), a venture capital programme aimed at creating global companies from start-ups, using the United Kingdom as a strategic headquarters and b...
